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Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...
New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
India Leads P2P Volume Records Among Emerging Markets
22.7.2020
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Akon’s DLT Startup to Set up a Blockchain Hub in Kenya in Q4 2020
6.7.2020
A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities
Africa Is Experiencing a Crypto Renaissance
24.5.2020
Crypto use and adoption is beginning to see significant growth across Africa
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Crypto Is the Revolution Leading Developing Countries to Financial Inclusion
19.5.2020
World regions with fast-growing financial and economic potential, such as Africa, could become the predominant crypto adopters
Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies
10.4.2020
Binance is extending Visa support for crypto purchases using the Colombian peso, South Korean won, Kenyan shilling, Kazakhstani tenge and Peruvian neuvo sol
Future of Currency in W. Africa: CFA Franc Collapse and Eco Inadequacy
13.3.2020
Digital currency implementation will reduce obstacles for driving economic development in Africa
Diving Into Three of Africa’s Emerging Fintech Economies
5.3.2020
Financial innovation continues to drive African economics: What technological and economic potentials are hidden on that continent?
Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience
26.11.2019
The Red Cross societies of Norway, Denmark and Kenya have launched a blockchain-based currency plan to enhance aid delivery and foster local economies
Africa Using Blockchain to Drive Change: Nigeria and Kenya, Part One
15.9.2019
Can blockchain technology help the African continent bridge its developmental gap with the rest of the world?
Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil
6.6.2019
Microsoft has registered a suite of apps using blockchain, IoT and AI to improve agricultural sector efficiency in Brazil
Binance Charity Foundation Signs Memorandum of Understanding With Ugandan NGO
31.5.2019
Binance has launched a charity program with an NGO in Uganda that will provide supplies and infrastructure to schools in Kampala
Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate
9.5.2019
There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K...